Advanced Container Technologies (Advanced Container Technologies) Days Sales Outstanding : 28.07 (As of Sep. 2022)

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What is Advanced Container Technologies Days Sales Outstanding?

Advanced Container Technologies's average Accounts Receivable for the three months ended in Sep. 2022 was $0.20 Mil. Advanced Container Technologies's Revenue for the three months ended in Sep. 2022 was $0.63 Mil. Hence, Advanced Container Technologies's Days Sales Outstanding for the three months ended in Sep. 2022 was 28.07.

The historical rank and industry rank for Advanced Container Technologies's Days Sales Outstanding or its related term are showing as below:

ACTX's Days Sales Outstanding is not ranked ^*
in the Packaging & Containers industry.
Industry Median: 69.425
* Ranked among companies with meaningful Days Sales Outstanding only.

Advanced Container Technologies's Days Sales Outstanding increased from Sep. 2021 (8.45) to Sep. 2022 (28.07).

Advanced Container Technologies Days Sales Outstanding Historical Data

The historical data trend for Advanced Container Technologies's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Advanced Container Technologies Days Sales Outstanding Chart

Advanced Container Technologies Annual Data

Trend

Jun00

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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12.80

12.77

15.04

19.58

12.28

Advanced Container Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Sales Outstanding	Get a 7-Day Free Trial															8.45	14.67	21.68	26.61	28.07

Competitive Comparison of Advanced Container Technologies's Days Sales Outstanding

For the Packaging & Containers subindustry, Advanced Container Technologies's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Advanced Container Technologies's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Advanced Container Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advanced Container Technologies's Days Sales Outstanding falls into.

Advanced Container Technologies Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Advanced Container Technologies's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0.13	+	0.23)	/	2 )	/	5.349	*	365
=	0.18					/	5.349	*	365
=	12.28

Advanced Container Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding (Q: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (0.221	+	0.169)	/	2 )	/	0.634	*	365 / 4
=	0.195					/	0.634	*	365 / 4
=	28.07

Advanced Container Technologies (OTCPK:ACTX) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Advanced Container Technologies Days Sales Outstanding Related Terms

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Advanced Container Technologies (Advanced Container Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Advanced Container Technologies Inc (OTCPK:ACTX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1620 Commerce Street, Suite A, Corona, CA, USA, 92878

Website

https://www.advancedcontainertechnologies.com

Advanced Container Technologies Inc is in the business of selling and marketing proprietary plastic medical grade containers in the United States. The company's flagship product is Medtainer, which can store grind and shred pharmaceuticals, herbs, teas, and other solids or liquids. It's another product is GrowPods, which are specially modified insulated shipping containers in which plants, herbs, and spices may be grown hydroponically in a controlled environment. Its other products include Humidity pack inserts, Plastic lighter holders, Jars, and Lighters.